Twitter shareholders fly the coop as lockup expires. LinkedIn adds ad targeting based on language. These stories, and more, in today’s Morning Social Media Newsfeed.
If you follow Twitter’s co-creator and Square founder, Jack Dorsey, on Vine, you know he’s . . . well, not very good at it.
Maybe that’s why his team isn’t either?
Regardless of WHY, they abused the poor service recently to hint at “something big coming your way from Square!” But the only part that’s newsworthy about the announcement is how lame the announcement it. And how smelly face stupid their Vines about it are.
Google will sell Facebook ads. Twitter’s #Music app might disappear. These stories and more in today’s Morning Social Media Newsfeed.
Twitter has hired the former Ticketmaster CEO to be its head of commerce. Why care? If you were Twitter’s co-founder, Jack Dorsey, you’d care. Here’s why:
Foursquare today launched a feature that allows users not just to mention their friends but also to check them in. Instead of you and four friends each pulling out your phone to check in at dinner, now one of you can do it for everyone. Less time spent on your phone, more time enjoying the moment.
Less than a week after Google launched a service that allows private individuals to transfer money by email, Square has launched a similar product in a private beta.
Google Reportedly to Launch Music Streaming at I/O Conference Today (SocialTimes)
Google will launch music streaming through YouTube and Google Play, according to reports in The Verge and the Wall Street Journal. The company, which has struggled to keep up with Apple in terms of media offerings, has reportedly signed licensing deals with Universal Music Group and Sony Music Entertainment, the reports said.
Uber is in the midst of a fundraising round that values the company at $1 billion, according to Reuters’ report.
Public stock offerings of companies originally funded by venture capital investments dipped by more than half in the first quarter of 2013, and many expect the companies to wait until the end of the year to go public, according to a study from the National Venture Capital Association and Thomson Reuters.
Square is facing a cease-and-desist order and a huge fine in the state of Illinois, according to a regulatory filing made in January and released today.